Jurnal Inovasi Ekonomi
Vol. 7 No. 01 (2022): April

Influence of profitability on firm value: Data from transportation sector

Supitriyani Supitriyani (Department of Accounting, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Indonesia)
Astuti Astuti (Department of Accounting, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Indonesia)
Khairul Azwar (Department of Accounting, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Indonesia)

Article Info

Publish Date
31 Dec 2021

Abstract

This study aimed to analyze and test the effect of stock returns, activity, profitability, and liquidity on firm value. We are using a sample of 14 companies obtained through the purposive sampling method on the transportation sub-sector companies listed on the Indonesia Stock Exchange. The results of this study indicate that stock returns, activity, profitability, and liquidity have a significant effect on firm value simultaneously. Partially, stock returns and profitability have a significant positive impact; activity has no significant positive impact, and liquidity has a significant negative effect on firm value.

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Journal Info
Jurnal Inovasi Ekonomi
Website

Abbrev

JIKO

Publisher

Universitas Muhammadiyah Malang

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Inovasi Ekonomi (JIKO) has been accredited by the National Journal Accreditation (ARJUNA) Managed by the Ministry of Research, Technology, and Higher Education, Republic of Indonesia, and is currently ranked 4th (Sinta 4). Indexed at Google Scholar and Dimensions. JIKO is an open-access ...